The concept of balance on the management team means that the entrepreneur should not be wrapped up too much in one area, such as sales or production, but be well rounded.
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Q9: A partnership reports the income it earns
Q10: Sole proprietors often benefit from fringe benefits
Q11: A management team is often stronger than
Q12: The liability of owners is greater with
Q13: A partnership agreement states explicitly the rights
Q15: A limited partnership must have at least
Q16: A professional corporation shields owners from one
Q17: The LLC differs from the C corporation
Q18: Creating a partnership allows a business to
Q19: Partners always share profits and losses equally.
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